American Airlines Group (AAL) Coveraged By Atlantic Securities with $56.00 Target; South Texas Money Management LTD Has Lifted International Paper Co (IP) Position

June 20, 2017 - By Vivian Currie

South Texas Money Management Ltd increased International Paper Co (IP) stake by 4.56% reported in 2016Q4 SEC filing. South Texas Money Management Ltd acquired 33,092 shares as International Paper Co (IP)’s stock declined 1.99%. The South Texas Money Management Ltd holds 759,589 shares with $40.30M value, up from 726,497 last quarter. International Paper Co now has $23.59B valuation. The stock declined 0.44% or $0.25 reaching $56.69 on the news. About 1.23M shares traded. International Paper Co (NYSE:IP) has risen 26.95% since June 20, 2016 and is uptrending. It has outperformed by 10.25% the S&P500.

Among 5 analysts covering American Airlines Group AAL (NYSE:AAL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. American Airlines Group AAL has $95 highest and $5 lowest target. $51’s average target is 6.18% above currents $48.03 stock price. American Airlines Group AAL had 6 analyst reports since April 27, 2017 according to SRatingsIntel. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Buy” rating given on Monday, May 29 by Stifel Nicolaus. Barclays Capital maintained American Airlines Group Inc (NASDAQ:AAL) on Monday, May 1 with “Hold” rating. The company was maintained on Friday, April 28 by Imperial Capital. The firm has “Neutral” rating by JP Morgan given on Thursday, April 27.

American Airlines Group Inc. is a holding company. The company has market cap of $24.08 billion. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. It has a 11.74 P/E ratio. The Firm operates through American segment, which provides air transportation for passengers and cargo.

Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on July, 28. They expect $1.61 EPS, down 9.04% or $0.16 from last year’s $1.77 per share. AAL’s profit will be $807.18 million for 7.46 P/E if the $1.61 EPS becomes a reality. After $0.61 actual EPS reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts 163.93% EPS growth.

The stock decreased 3.28% or $1.63 during the last trading session, reaching $48.03. About 5.18M shares traded. American Airlines Group Inc (NYSE:AAL) has risen 40.65% since June 20, 2016 and is uptrending. It has outperformed by 23.95% the S&P500.

Since December 28, 2016, it had 1 buying transaction, and 9 insider sales for $17.06 million activity. 33,400 American Airlines Group Inc (NASDAQ:AAL) shares with value of $1.66 million were sold by EBERWEIN ELISE R. Another trade for 9,455 shares valued at $442,399 was sold by Leibman Maya. 104,223 shares were sold by KERR DEREK J, worth $5.21M on Friday, June 2. ALBAUGH JAMES F bought $131,552 worth of stock. $5.47 million worth of American Airlines Group Inc (NASDAQ:AAL) shares were sold by PARKER W DOUGLAS. ROBINSON RAY M had sold 8,000 shares worth $361,762. 492 shares were sold by Nocella Andrew P, worth $23,370.

Investors sentiment increased to 0.81 in Q4 2016. Its up 0.35, from 0.46 in 2016Q3. It improved, as 48 investors sold American Airlines Group Inc shares while 206 reduced holdings. 84 funds opened positions while 121 raised stakes. 396.61 million shares or 2.57% more from 386.67 million shares in 2016Q3 were reported. Blackrock Fund Advsrs holds 9.95 million shares. 2.35 million were accumulated by Lsv Asset Mgmt. Hartford Inv Mgmt Com reported 121,247 shares or 0.11% of all its holdings. Moreover, Millennium Ltd Liability Company has 0.1% invested in American Airlines Group Inc (NASDAQ:AAL). 51,500 are owned by Teewinot Cap Advisers Ltd Liability. The New York-based Sg Americas Securities Limited Com has invested 0.04% in American Airlines Group Inc (NASDAQ:AAL). Allsquare Wealth Management Ltd Liability Corporation stated it has 1,800 shares. Bluecrest Capital Ltd holds 5,497 shares or 0.01% of its portfolio. Ares Limited Com owns 239,276 shares or 0.64% of their US portfolio. First Allied Advisory Serv accumulated 21,237 shares. Parametric Portfolio Ltd has 1.02M shares. Connor Clark And Lunn Investment Management stated it has 6,241 shares or 0% of all its holdings. 744,607 are held by D E Shaw. Lmr Partners Ltd Liability Partnership accumulated 21,211 shares. 121 are owned by Point72 Asia (Hong Kong).

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.26, from 1.23 in 2016Q3. It dived, as 64 investors sold IP shares while 255 reduced holdings. 75 funds opened positions while 234 raised stakes. 332.47 million shares or 2.22% more from 325.25 million shares in 2016Q3 were reported. Teachers Retirement Systems Of The State Of Kentucky invested in 51,538 shares or 0.03% of the stock. Alps Advsr Incorporated has 0.27% invested in International Paper Co (NYSE:IP) for 702,755 shares. Bowen Hanes holds 514,640 shares. Salem Capital Mngmt owns 141,030 shares or 4.12% of their US portfolio. 112,671 are held by Natixis. Manufacturers Life Insurance The holds 404,619 shares or 0.03% of its portfolio. D Scott Neal Inc has 0% invested in International Paper Co (NYSE:IP). Zacks Inv Mngmt has 1.09% invested in International Paper Co (NYSE:IP). Ahl Prns Ltd Liability Partnership has invested 0.1% in International Paper Co (NYSE:IP). Lombard Odier Asset Mngmt (Europe) Limited has invested 0.14% in International Paper Co (NYSE:IP). Blackrock Advsrs Ltd Co has 0.26% invested in International Paper Co (NYSE:IP). Gam Ag stated it has 11,508 shares or 0.01% of all its holdings. Malaga Cove Cap Ltd Com has 19,279 shares for 0.67% of their portfolio. Carret Asset Mgmt Ltd Limited Liability Company holds 42,582 shares or 0.43% of its portfolio. Oppenheimer & Incorporated has 50,783 shares.

South Texas Money Management Ltd decreased Apple Inc (NASDAQ:AAPL) stake by 3,784 shares to 191,556 valued at $22.19 million in 2016Q4. It also reduced Du Pont E I De Nemours& Co (NYSE:DD) stake by 16,907 shares and now owns 448,519 shares. Centerpoint Energy Inc (NYSE:CNP) was reduced too.

Among 12 analysts covering International Paper Company (NYSE:IP), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. International Paper Company had 37 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Hold” rating by Bank of America given on Tuesday, September 15. Barclays Capital downgraded International Paper Co (NYSE:IP) rating on Friday, January 8. Barclays Capital has “Equal-Weight” rating and $42 target. The firm earned “Buy” rating on Monday, May 29 by RBC Capital Markets. The rating was downgraded by RBC Capital Markets on Monday, April 25 to “Sector Perform”. The rating was downgraded by Citigroup to “Neutral” on Monday, January 25. On Wednesday, April 19 the stock rating was upgraded by RBC Capital Markets to “Outperform”. Citigroup upgraded International Paper Co (NYSE:IP) on Thursday, January 26 to “Buy” rating. On Thursday, April 13 the stock rating was maintained by Jefferies with “Buy”. The firm has “Neutral” rating given on Tuesday, August 2 by Citigroup. The rating was maintained by Jefferies on Friday, June 2 with “Buy”.

Since February 8, 2017, it had 0 insider buys, and 8 sales for $6.62 million activity. Ribieras JeanMichel sold 14,500 shares worth $754,693. $971,744 worth of International Paper Co (NYSE:IP) was sold by Hoel William P on Friday, March 3. SIMS JOHN V had sold 2,333 shares worth $121,580. Shares for $1.32M were sold by Joseph Tommy S on Monday, February 27. $1.73 million worth of International Paper Co (NYSE:IP) was sold by Roberts Carol L. Amick W. Michael Jr. also sold $532,663 worth of International Paper Co (NYSE:IP) shares.

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